The museum says the artistic director of Conde Nast and editor in chief of Vogue has raised about $125 million for the institute since 1995 in her role as benefit chair and fundraiser.

The institute has been renovated and redesigned and will reopen on May 8 with an exhibition titled “Charles James: Beyond Fashion.”

Anna Wintour Costume Center will house the department’s exhibition galleries, library, conservation laboratory, research areas, and offices. The curatorial department itself will continue to be called The Costume Institute.

The center includes a 4,200-square-foot gallery named after Lizzie and Jonathan Tisch, who made a $10 million gift.